General Council for Islamic Banks and Financial Institutions (CIBAFI) is a nonprofit institution that represents Islamic financial institutions (IFIs) worldwide. It was founded by the Islamic Development Bank (IDB) and a number of leading Islamic financial institutions. CIBAFI is affiliated with the Organisation of Islamic Cooperation (OIC). Established on 16 May 2001 by an Emiri special decree, in the Kingdom of Bahrain, today with over 120 members from more than 32 jurisdictions, CIBAFI is recognised as a key component of the international architecture of the Islamic finance industry.
Its mission is to support the Islamic financial services industry in the form of a leading industry voice in advocating regulatory, financial and economic policies which are in the broad interest of CIBAFI’s members and which foster the development of the Islamic financial services industry and sound industry practices.
CIBAFI’s members vary from Islamic banks, multilateral banks, international standard setting organisations, regulators and other professional service firms.
About the Global Forum
The objective of the CIBAFI Global Forum 2018 is to bring stakeholders of change onto a platform to discuss ground
breaking disruptions, which are setting the new normal for the global Islamic financial services industry. All stakeholders, including regulators, bankers and customers alike are poised to reap benefits only if they are informed of the ground realities of these innovations, ultimately shaping their competitive advantages for the future of the industry.
Top industry stakeholders from within and outside of the Islamic finance industry, multilateral development institutions, international and national regulatory bodies, policy-makers, leading technocrats, among others will discuss disruptions and key emerging issues affecting the Islamic financial sector today.